Hey chaps,
Just wondering what everyone's view is on the price of these cars now?
As there's only what 500 - 600 left on the road now the price is surely going up slowly?
Do you also think adding EFI etc or fitting GT series turbos etc (modification) would devalue them or just increase the resale value further?
I've not intentions to sell mine, im just curious on everyones opinion tbh.
Luke
Values are going up but so are running costs, efi IMO won't devalue it unless
It's a super low mileage mint original.
I'd say if it's mint then keep it mint keep the value or like mine if it's ok and my toy do what you like to it enjoy it everyday it's staying with me till the metal worm gets too much.. I can't see mine ever being more than a couple of grands worth as I do all the work myself and people will always question "so why you selling it?"
It wont devalue your car as such but like all other well specced GTT's you'll have to break your it when you want to move. As there seems to be a lack of people that want to spend money on a good car.
The bit i don't understand is people are willing to pay good money for cars that need work but one thats all done and ready to drive struggle to sell
I have noticed the price of cars and parts going up, gone are the days of buying a fully working 5 for £500 now (which i did 6yrs ago)
A proper o.e. R5 sold for what, £14,000 only a coupld of months ago..
What was the cost of an new R5 back in the 80's?
So... Adding bits and bobs or tuning your car only devalues it! Dont do anything and it goes up in value
I paid £1500 for my white thing about 8 years ago (MOT and Tax). I then paid £2500 for the blue thing a few months ago (no MOT and TAX - and need about £1000 spending on her)...Originally Posted by Markey Mark (BD)
I have noticed the price of cars and parts going up, gone are the days of buying a fully working 5 for £500 now (which i did 6yrs ago
Gone are the days indeed.
I think the past just won't go away for these cars everyone I know keeps saying so has it blown up yet.. "NO" as I keep telling them its the guy behind wheel that blows them up.. I guess when there were lots of these cars and less knowledge of how to keep them they all blew up/crashed/been alterd beyond help.. People are scared of these cars Iv had one before so I wasn't scared as mine was reliable but I also went to buy this because it was a members car so I had faith.. Boy was I wrong that member was a ****!! So that's why I think people don't want to buy a tuned car.. Same as life really you have good members then you have ****s.. I'd buy another tomorrow no probsThe bit i don't understand is people are willing to pay good money for cars that need work but one thats all done and ready to drive struggle to sell
I have noticed the price of cars and parts going up, gone are the days of buying a fully working 5 for £500 now (which i did 6yrs ago
Think it was around £9000ish to buy one brand new from Renault back in the day, but remember £9000 then isn't same as £9000 now
Renault in general have no great love or value in the UK.If you expect them to reach Escortina values then you'll be waiting a very long time .
Rarity doesn't come into it except for the ultra rare and even then you'll wait a long time for a buyer .
[quote=Markey Mark (BD);294822]The bit i don't understand is people are willing to pay good money for cars that need work but one thats all done and ready to drive struggle to sell
Very true,
Let's be honest there not luxurious there not comfy there not well protected there not rust free there not warm in the mornings they have no safety features.. We're just in the wrong climate for these cars..
But they are fun in the right hands and in the right places and thats what keeps me going with them and my cars value means nothing it's the smile factor that I pay for.. Keep it as your second car and your laughing.. Smiles are priceless and when it's running right its the most fun I can have with my pants on
Last edited by Nottswoody; 03-10-2012 at 18:02.
Nothing unusual in that where classics are concerned. Try buying the Monalisa and touching it upA proper o.e. R5 sold for what, £14,000 only a coupld of months ago..
What was the cost of an new R5 back in the 80's?
So... Adding bits and bobs or tuning your car only devalues it! Dont do anything and it goes up in value
Too right mate, I don't get to use mine much but on the right day when u havent bin in it a while and u take it out for abit of boosting! There's nowt like it in my eyes, I've owned jap cars but there's just something about a 5 that gets u grinning ear to earLet's be honest there not luxurious there not comfy there not well protected there not rust free there not warm in the mornings they have no safety features.. We're just in the wrong climate for these cars..
But they are fun in the right hands and in the right places and thats what keeps me going with them and my cars value means nothing it's the smile factor that I pay for.. Keep it as your second car and your laughing.. Smiles are priceless and when it's running right its the most fun I can have with my pants on
Well, this is interesting.
£9000 in 1988 is £19,890.00 in today's money......
http://www.thisismoney.co.uk/money/b...nged-1900.html
The last cars (1991) sold for £11895 or thereabouts.
I spent somewhere near double what I sold mine for getting it mechanically spot on. If I operated like that in my day job I wouldn't have it for long!
Admittedly, I did have a hotline to Mike at GT Turbo Spares and Marky Mark around every other weekend mind!
I had 25 enquiries on my car and sold to the first viewer within three days of advertising.
So in my experience, the standard cars sell more easily as there are less unknowns to the prospective buyer.
bang on the money...so to speak...Let's be honest there not luxurious there not comfy there not well protected there not rust free there not warm in the mornings they have no safety features.. We're just in the wrong climate for these cars..
But they are fun in the right hands and in the right places and thats what keeps me going with them and my cars value means nothing it's the smile factor that I pay for.. Keep it as your second car and your laughing.. Smiles are priceless and when it's running right its the most fun I can have with my pants on
I paid what I call good money for my 5,its a good one but not totally oe which is why it probably didn't sell until I came along,anyone that's seen the car or knows of it will know how good it is but yet it didn't sell??Its probably 60percent oe and I could go either way with it but driving a standard 5 dosent really do it for me.Resale value dosent come into it for me,which is probably a good thing.
Standard cars defo sell for more money... Sometimes i think i wish id left mine standard. But then I think NAAA. But when you start to personalise your cars to your own taste thats when you start loosing money, taking off badges and stickers and smoothing and filling this and that, removing OE stuff, in exchange for bolt on stuff...
Couldn't agree more
we'v all seen the very standard mint ones selling for good money.
But what i dont understand, you can get what looks good in the add anyway a 95% oe car, have say exhaust and a dumpvalve, with aslot of history on around 80 to 120k miles for around 3k.
Then take a similar car, no history, had ten owners, headgaskrt gone, needs sills and windscreen doing etc and people still wanting 2k for it.
i think people are concerned about paying good money for one and it then needing work. at least if you buy a cheap one you expect it to have faults.The bit i don't understand is people are willing to pay good money for cars that need work but one thats all done and ready to drive struggle to sell
I have noticed the price of cars and parts going up, gone are the days of buying a fully working 5 for £500 now (which i did 6yrs ago
i also think people want it cheaper so they can spend the time getting it how they want to on the monthly budget they have rather than in one go.
i've realised that renaults aren't were the monies at, for me from a work point of veiw i could spend a month or two restoring a car, sandblasting, welding, fillering and paint. the materials and labour may cost the same but for say a £2k paintjob who's more likely to pay it, the owner of a 3k car or a 10k car?
i still prefer renaults for the value for money grin factor but the local lads tend to be ford or vauxhall, generally double the money for cars or bits so they expect to pay more for things.
My own opinion is that unless it really is a true minter prices will stick to around 2-3k for the average looker with some nice mod's for quite a while yet. Like Notts, I would expect around if not a bit over 2k for mine (if I were to ever sell her) so I guess its only when numbers run below the 100's that prices may climb further...
Resale value isnt something I really care about but it would be nice to think all the time and money you pour into these 5's to keep them roadworthy over the years may pay off one day. Maybe when they're over 50 years old...
I also have noticed prices rising a little, i agree and think standard car are always going to be worth more
I sometimes wish i had just built a standard car back up, but where's the fun in that
i think mine when new was iin 1991 was £8,000 brand new only the tungy grey and the white was only last colours in the show room.that also gets me is when what its worth that back then how can it be even more now, as you saidA proper o.e. R5 sold for what, £14,000 only a coupld of months ago..
What was the cost of an new R5 back in the 80's?
So... Adding bits and bobs or tuning your car only devalues it! Dont do anything and it goes up in value
I brought my first J reg in late 95 it was completely OE and just over 3 years old. I had almost 39K on the clock. I paid £3800 for it back then. I still have it and have put less than 15k on it. It is still completely OE but what is it worth now? Using the calc link provided in this thread I will still have paid more back then when I brought in today's money.
Looking back I payed strong money for my car. £1900 that was the lump and shell. The shell is very very good rust wise. But need some attention to the dents an paintwork.
I got fleeced, the guy before me had everything finger tight. So I had issues for 6 months. Now slowly getting there. Spent in region of 5 g
Erm, if you read my post you'll realise they aren't worth 'more' now. They are in fact worth hardly anything in comparison. You have to take the affect of inflation into account, as noted.i think mine when new was iin 1991 was £8,000 brand new only the tungy grey and the white was only last colours in the show room.that also gets me is when what its worth that back then how can it be even more now, as you said
Paying £8000 for a mint GTT today is £3600 in 1988 money, so even at that rate it's still less than half price for something almost as good and infinitely more rare!
Paying £3000 for an ace GTT today (which is a fair reflection of current prices) would be like paying £1350 in 1988. So today's prices are a snip!!
Last edited by Trevhib; 04-10-2012 at 14:16.
Forgot to add the monthly storage charge to keep it warm and dry. It must be for the love of the cars!!!
I was talking about this with a friend the other night.
We were talking about spraying my car, and got onto whether it would add value or lower it, or change at all.
You see all the Ford crowd going wild for original paintwork and all.
They are a fussy bunch tho. Surely a fresh coat of paint in a form of standard colour can only increase the cars value?.
Depends on if its done right....
In some peoples eyes A mint original factory car is worth more compared to a mint restored car.....
Some people are fussy, some are not
I prefer the original standard 5s which have been used ie: faded clocks, worn gear knobs etc...than the oe not used minters... But thats just me
this thread reminds me of the civic type r ek9 forum, pretty much everyone on there is asking about 6k for one of the civics on there, the members on there see that everyone else on there is sticking them up for 6k so they think theirs is worth the same amount also
and then go on how the car is rare, imo they aint rare at all as a quick search on the net throws up quite a few examples
the integra type r on the other hand is a more capable car and yet those command around 4k for a good example
I hope the prices go through the roof so my tungy is worth proper money in the future
boooom goldmine
buts lets be honest who is going take into fact of the inflaction rates from back in the day to now??At the end of the day 10k is 10k and paying that for a renault 5?
In comparision to a r5 that you can get for a half decent price at say 2k the price(set at say 6k)is a bit of a joke so then prices has risen(in todays money)unless dry stored for its whole life its going to have some welding done to it and then who knows
unless some one is a die hard colector or plenty of money then it can be tricky to sell if not at a silly price,say.
I understand the point. Inflation is a fact of life however. Whether car buyers consciences process it or not is another matter.
My mind won't let me think about it so can you do the calc on a GTA please Rev Trev
1988 ..28K 2012 5K
Prices will go up as with everything I'm also into volkswagens and there are more mk2 golfs ( my other car ) about than Renault 5s but the cars are more money on the whole and parts are loads more which is part of the reason I love my gtt, but original cars will always command the highest price maybe not now but definitely in the future which is why I'm Gunna fix up mine to a very tidy interior and immaculate bodywork with a few engine mods and also IMHO that's how they look best
i think that the bench mark now will be set with the prices of the 5.guide price from 2-4k max.even say another 10yrs it wont budge much i dont think.
look at the old r5 gordni turbo how many are them still on the road and will sell for a silly price for your man to be using on the wkends or so parked outside on the driveway?not many i dont think unless money went mad again.
plus with build quality getting better on cars then unless theres die hard fans for the 5 then i cant see prices being sold at a silly price.
when i was looking for a new car i was checking out the 172s but for just abit more money i seen the leon cupras at a good price and for what you got i swayed towards the leon.i did check out the renault 225 but they were abit more money kinda the prices for the leon cupra R (a good one)
Bang to the mo f***ing T, supply and demand if **** loads of peeps wanted r5gtt's the cost of a good one would rocket but simply its not the case, far to many peeps want rust old fords and over rated v dubs, look at the cost of a decent mk1 golf gti, in all honesty there s***e but have a masive following just like camper vans.
Last edited by rs250nut; 05-10-2012 at 23:57.
So in plain and simple English a load of bollocks
Just dug out Car magazine from October 1991.
Some facts:
Fiat UNO Turbo ie £9723
Renault 5 GT Turbo £11,200
VW Golf GTi 16v £15603
Peugeot 205 GTi 1.6 £11,469
Peugeot 205 GTi 1.9 £12,971
Ford Fiesta RS Turbo £12,731
Citroen AX GT £8695
Vauxhall Nova GSi £10,870
Renault 19 16v £12,260
Honda Civic 1.6i-16 VTEC £13,895
Enjoy!
I'd buy a brand new one if I could, can't think of a better new car for £11,200.
Wow those pug's where expensive but compared to the rest of the cars in the 80's the 5GTT look very modern. Wish I could remember when they first come out actual I wish I could remember what happened last week. lol
Yeah, or summat, innitSo in plain and simple English a load of bollocks
I think that depends what you mean by better.
Well the only car that measures up to the R5 is the Fiat 500 Abarth. The power to weight ratio is better on the R5. Ok the Fiat has it sewn up when it comes to safety.
economy build quality safety grip handing in car entertainment sat nav air con power steering..... lists pretty endless and that could all be bought alot cheaper than 12k as much as i love the 5 its not a patch on a modern car. apart from a drag race, and grin factor
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